News list for "Former American League"

Claudia Sahm, a former Fed economist, noted in an interview that there are strong arguments for a 50 basis point rate cut. Doing so would help the Fed "recalibrate" and help stabilize the unemployment rate, which has become too low. Sam said, "The Fed's mission is to achieve full employment. It's not that there is no recession." They should seek as little labor market weakening as possible to bring inflation down to target, and I think the balance has now occurred...

2024-08-23 15:54:33